General Electric says that over 100 products have been brought to market since launching its Ecomagination project in 2005. Phase I of its latest Challenge has already resulted in 12 commercial partnerships aimed at developing the next generation of power grid technologies (including the outright acquisition of smart grid technology company FMC-Tech), and now the winners of Phase II: Powering Your Home have just been announced. GE has awarded five innovators US$100,000 each to further develop their technologies and also partnered with ten Home Energy technology companies.